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Cable Update (GBPUSD)

  • #742,241
  • Apr 20, 2023 12:06pm Apr 20, 2023 12:06pm
Quoting Theoak
Why has it been so slow today? Its on steam power!
Nah, chipmunk power! They need more peanuts!
  • #742,242
  • Apr 20, 2023 12:07pm Apr 20, 2023 12:07pm
Quoting Theoak
Why has it been so slow today? Its on steam power!
Flash PMI tomorrow, may be huge volatility.
More time in the market, does not mean you trade better!
  • #742,243
  • Apr 20, 2023 12:12pm Apr 20, 2023 12:12pm
Quoting ninner
{quote} my view is it going higher off the daily fwiw however, the dxy is indecisive so until the dollar figures out what it wants to do gbpusd will mostly be stuck unless big news comes out for the gbp
if next hour not a bear, im out of this market.
  • #742,244
  • Apr 20, 2023 12:31pm Apr 20, 2023 12:31pm
Fridays Plan:
No trades in green area, we want 4hr close outside green area.

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All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 18.2%
  • #742,245
  • Apr 20, 2023 12:34pm Apr 20, 2023 12:34pm
Bears still in with a chance ,D1 price action is still below the weekly and just do not see the correction having completed yet, something big is brewing and whichever way it goes will be fairly big.


Will try one more short maybe tommorow
Follow The Markets Structure - Patience and Discipline
  • #742,246
  • Apr 20, 2023 12:35pm Apr 20, 2023 12:35pm
If you check out the price action in the last few days, at this time of day there is very little movement relative to what happens leading up to this time of day. We appear to be headed for another doji candle
  • #742,247
  • Apr 20, 2023 12:49pm Apr 20, 2023 12:49pm
Quoting ScalaFX
What a beautifull day, partial taken before, now Sl BE took my positions, Im reloading from here 2462 till 2500 with same target 2310 last h4 close above 2450 so I must be carefull, cheers!
Protecting my trades while till tomarrow we can see some upside down one more time, when SL hit, will be observing PA closly then
People don't plan to lose. They lose because they don't plan.
  • #742,248
  • Apr 20, 2023 1:01pm Apr 20, 2023 1:01pm
Lmao, I give up.
I'm not gonna trade GU tmrw.
Might look at EU, UJ or gold instead.

I'm still shorting gold though
Exhausted
  • #742,249
  • Apr 20, 2023 1:03pm Apr 20, 2023 1:03pm
Quoting Whale
{quote} if next hour not a bear, im out of this market.
unbelievable, happy weekend guys, bets are off.
  • #742,250
  • Apr 20, 2023 1:13pm Apr 20, 2023 1:13pm
Entry 1.24456. Tp: no tp.
SL: about 10 pips above.

are these fomc members important? I rather have the head Jeremy Hunt speaking.

Im caught in a bad position so i have to calculate this mathematically with buy stops and sell stops. Didn’t think there would be any price action around this time.
You have an IQ lower than 90 if you interact with this user.
  • #742,251
  • Apr 20, 2023 1:15pm Apr 20, 2023 1:15pm
Very bad trading day today. We moveeee. Till tommorow guys
  • #742,252
  • Apr 20, 2023 1:20pm Apr 20, 2023 1:20pm
Yes same herr very bad trading, i didnt think these people looked important.
im in profit now, but bad decision
You have an IQ lower than 90 if you interact with this user.
  • #742,253
  • Apr 20, 2023 1:27pm Apr 20, 2023 1:27pm
Looking for the Dollar to retrace some of today's drop, followed by some volatility tomorrow 7am Est through to the 9:45 open. Any pre news moves are to be faded. Enjoying the sideways action until then.
Don't compare your trades to others. Most often the masses are the asses
  • #742,254
  • Apr 20, 2023 1:32pm Apr 20, 2023 1:32pm
Quoting Ferna
Yes same herr very bad trading, i didnt think these people looked important. im in profit now, but bad decision
Yuge profits now! Anybody know what the speaker said? Waller.
You have an IQ lower than 90 if you interact with this user.
  • #742,255
  • Apr 20, 2023 1:34pm Apr 20, 2023 1:34pm
It's my third attempt today. Are we going down yet?
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I have no clue where it's going
  • #742,256
  • Edited 1:51pm Apr 20, 2023 1:40pm | Edited 1:51pm
1.2448 - 1.2452 magnet lol.
Price bounces from there again.
Exhausted
  • #742,257
  • Apr 20, 2023 1:59pm Apr 20, 2023 1:59pm
Bought gu 20pips SL
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  • #742,258
  • Apr 20, 2023 2:34pm Apr 20, 2023 2:34pm
Quoting LitEU
Bought gu 20pips SL {image}
That why it dropped, I thought it was going to go up again
  • #742,259
  • Edited 3:21pm Apr 20, 2023 2:45pm | Edited 3:21pm
@Moty a Tradingview spin on the dual RSI, dual Macd and trend indicators.
Trade in the direction of the trend.
Red and green moving averages are 8 period at the high and low price of the candle using wma,
Blue is 48 period, purple 120 period moving averages.
RSI lines are the 7 (pink) and 14 (blue) with the 7 a leading indicator as to where price is heading.
Macd - Dark red and green lines are the 4/8 macd and signal line, while the light red and green lines are the 8/48 macd and signal lines. Red and green histograms are in the background. Use the dark lines crossing the o level as an entry signal, Light colored lines are a continuation signal until the light lines cross.
You can see that it works.
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  • #742,260
  • Apr 20, 2023 3:39pm Apr 20, 2023 3:39pm
Quoting Pat Chiko
{quote} Everything was peaceful here, until you come in to post an insult to Muslim. Do you know that every Muslim love Jesus, We called him Isa (AS) 'Alay-hi 's-salām (Arabic: عليه السلام) Translation: "Peace be upon him" Don't you ever try to insult other people faith. If any Muslim insult Isa AS, I will be the first one to punch his face. Let me remind U, that this is Forex Forum. All of us are looking for quality forex posting, not insulting post. Kindly request that you post relevant...
This bussiness is cruel. Not everyone can stay calm and polite while facing huge losses.
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